Agents Who Specialize

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Mortgage and Lending with Home Loans by Sean Young - New American Funding NMLS: 191647

Agents Who specialize

 

An interesting study was reported by the “Wall Street Journal” last month. It said the agents that who concentrate in specific geographic areas actually do a better job for the homeowner than people who don’t.

Obviously, this is not the case in every situation, but there was an actual study that showed if you concentrate on a specific area as an agent, geographic farming, four things take place.

You’re four percent more likely to sell the home than agents who took listings over a larger area. You sell it in five and a half fewer days.

The agent who specialized in a certain geographic area actually got 1.21 percent more for the house than an agent who doesn’t, and if we go above the median sales price, they actually get 1.71 percent more money.

Food for thought. I always teach the benefits of Target Blogging for a lot of the same reasons as above.

 

By Sean Young

www.mylendersean.com

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‪#‎realestatemarketing‬
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Sean Young
Mortgage Loan Officer

Cell: 303.521.7169

www.mylendersean.com

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NMLS: 191647  / LMB: 100013240

MyLenderSean.comFirstCal Colorado Mortgage

Comments (2)

Helen and Larry Prier- Re-Max Gateway - Residential Real Estate
RE-MAX Gateway- Residential Real Estate Sales - Anacortes, WA
Anacortes & surrounding Skagit & Island Counties

sean, These numbers do encouage agents to find and work a niche market

Aug 07, 2013 10:54 AM
Sean Young
Home Loans by Sean Young - New American Funding - Highlands Ranch, CO
Colorado loan officer

I think so too Helen and Larry. The Riches are in the Niches as my friend John Marshal says. :)

Aug 07, 2013 11:18 AM